Molson Coors Beverage - TAP Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $68.73
Forecasted Upside: 7.60%
Number of Analysts: 13
Breakdown:
1 Sell Ratings
10 Hold Ratings
2 Buy Ratings
0 Strong Buy Ratings

^$63.88 As of 04/18/2024 01:00 AM ET

▲ +0.34 (0.54%)

1 month | 3 months | 12 months

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Analyst Price Target for TAP

^$68.73

▲ +7.60% Upside Potential

This price target is based on 13 analysts offering 12 month price targets for Molson Coors Beverage in the last 3 months. The average price target is $68.73, with a high forecast of $77.00 and a low forecast of $62.00. The average price target represents a 7.60% upside from the last price of $63.88.

Current Consensus is Hold

The current consensus among 13 investment analysts is to hold stock in Molson Coors Beverage. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
2 buy ratings
10 hold ratings
1 sell ratings

Ratings as of

10/27/2022

0 strong buy ratings
2 buy ratings
10 hold ratings
1 sell ratings

Ratings as of

1/25/2023

0 strong buy ratings
2 buy ratings
10 hold ratings
1 sell ratings

Ratings as of

4/25/2023

0 strong buy ratings
2 buy ratings
10 hold ratings
1 sell ratings

Ratings as of

7/24/2023

0 strong buy ratings
2 buy ratings
10 hold ratings
1 sell ratings

Ratings as of

10/22/2023

0 strong buy ratings
2 buy ratings
10 hold ratings
1 sell ratings

Ratings as of

1/20/2024

0 strong buy ratings
2 buy ratings
10 hold ratings
1 sell ratings

Ratings as of

3/20/2024

0 strong buy ratings
2 buy ratings
10 hold ratings
1 sell ratings

Ratings as of

4/19/2024

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
4/17/2024	Deutsche Bank Aktiengesellschaft	Boost Target	Hold ➝ Hold	$64.00 ➝ $65.00	N/A
4/16/2024	Citigroup	Boost Target	Neutral ➝ Neutral	$63.00 ➝ $66.00	Low
4/12/2024	Barclays	Boost Target	Equal Weight ➝ Equal Weight	$65.00 ➝ $67.00	Low
4/9/2024	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$66.00 ➝ $75.00	Low
3/22/2024	Piper Sandler	Initiated Coverage	Neutral	$69.00	Low
2/15/2024	Barclays	Boost Target	Equal Weight ➝ Equal Weight	$64.00 ➝ $65.00	Low
1/16/2024	Barclays	Lower Target	Equal Weight ➝ Equal Weight	$65.00 ➝ $64.00	Low
11/30/2023	HSBC	Initiated Coverage	Hold	$68.00	Low
11/13/2023	Jefferies Financial Group	Initiated Coverage	Hold	$62.00	Low
11/6/2023	Wedbush	Reiterated Rating	Neutral ➝ Neutral	$70.00	Low
11/3/2023	Deutsche Bank Aktiengesellschaft	Upgrade	Sell ➝ Hold	$57.00 ➝ $58.00	Low
10/12/2023	Barclays	Lower Target	Equal Weight ➝ Equal Weight	$68.00 ➝ $66.00	Low
10/11/2023	Citigroup	Lower Target	Neutral ➝ Neutral	$72.00 ➝ $65.00	Low
10/5/2023	Barclays	Boost Target		$67.00 ➝ $68.00	Low
10/4/2023	Roth Mkm	Reiterated Rating	Buy ➝ Buy	$77.00	Low
10/4/2023	Wells Fargo & Company	Boost Target	Underweight ➝ Underweight	$64.00 ➝ $65.00	Low
10/4/2023	Bank of America	Boost Target	Neutral ➝ Neutral	$70.00 ➝ $72.00	Low
8/3/2023	Barclays	Lower Target	Equal Weight ➝ Equal Weight	$70.00 ➝ $67.00	Low
8/2/2023	Morgan Stanley	Reiterated Rating	Equal Weight ➝ Equal Weight	$63.00	N/A
8/2/2023	JPMorgan Chase & Co.	Lower Target	Neutral ➝ Neutral	$72.00 ➝ $69.00	N/A
7/21/2023	JPMorgan Chase & Co.	Boost Target	Neutral	$64.00 ➝ $72.00	Low
7/20/2023	The Goldman Sachs Group	Boost Target	Neutral	$61.00 ➝ $69.00	Low
7/20/2023	Barclays	Boost Target	Equal Weight	$69.00 ➝ $70.00	Low
6/26/2023	58.com	Reiterated Rating	Maintains		Low
6/26/2023	51job	Reiterated Rating	Maintains		Low
6/26/2023	UBS Group	Boost Target		$67.00 ➝ $70.00	Low
6/21/2023	Citigroup	Reiterated Rating	Positive		Low
6/8/2023	Evercore ISI	Boost Target		$70.00 ➝ $73.00	Low
6/8/2023	Barclays	Boost Target		$62.00 ➝ $69.00	Low
6/6/2023	Jefferies Financial Group	Boost Target		$74.00 ➝ $75.00	Low
6/6/2023	Bank of America	Upgrade	Underperform ➝ Neutral	$54.00 ➝ $68.00	Low
5/12/2023	Jefferies Financial Group	Boost Target		$68.00 ➝ $74.00	Low
5/4/2023	Wedbush	Boost Target		$53.00 ➝ $60.00	Low
5/4/2023	Barclays	Boost Target		$52.00 ➝ $62.00	Low
5/3/2023	Deutsche Bank Aktiengesellschaft	Boost Target		$47.00 ➝ $50.00	Low
5/3/2023	UBS Group	Boost Target		$54.00 ➝ $67.00	Low
5/3/2023	Bank of America	Boost Target		$52.00 ➝ $54.00	Low
5/3/2023	JPMorgan Chase & Co.	Upgrade	Underweight ➝ Neutral	$59.00 ➝ $64.00	N/A
4/21/2023	JPMorgan Chase & Co.	Boost Target	Underweight	$51.00 ➝ $59.00	Low
4/14/2023	Barclays	Boost Target	Equal Weight	$50.00 ➝ $52.00	Low
4/6/2023	UBS Group	Lower Target	Neutral	$55.00 ➝ $54.00	N/A
3/20/2023	Deutsche Bank Aktiengesellschaft	Lower Target		$48.00 ➝ $47.00	Low
2/22/2023	Wells Fargo & Company	Boost Target	Underweight	$45.00 ➝ $48.00	Low
2/22/2023	Credit Suisse Group	Boost Target	Underperform	$46.00 ➝ $49.00	Low
2/21/2023	Roth Capital	Reiterated Rating	Buy		Low
2/16/2023	Citigroup	Initiated Coverage	Neutral	$55.00	Low
1/6/2023	Cowen	Upgrade	Market Perform ➝ Outperform	$55.00 ➝ $60.00	Low
1/6/2023	Cowen	Upgrade	Market Perform ➝ Outperform	$55.00 ➝ $60.00	Low
1/3/2023	Wells Fargo & Company	Downgrade	Equal Weight ➝ Underweight	$52.00 ➝ $45.00	Low
12/6/2022	Deutsche Bank Aktiengesellschaft	Downgrade	Hold ➝ Sell	$50.00	Low
10/27/2022	Credit Suisse Group	Lower Target	Underperform	$49.00 ➝ $48.00	Low
10/10/2022	Wedbush	Initiated Coverage	Neutral	$50.00	Low
10/3/2022	Wells Fargo & Company	Lower Target	Equal Weight	$53.00 ➝ $52.00	Low
9/1/2022	Bryan, Garnier & Co	Downgrade	Buy ➝ Sell	$54.00	Low
8/9/2022	Sanford C. Bernstein	Lower Target		$57.00	Low
8/3/2022	UBS Group	Boost Target	Neutral	$54.00 ➝ $58.00	Low
8/3/2022	Credit Suisse Group	Lower Target	Underperform	$50.00 ➝ $49.00	Low
8/3/2022	Deutsche Bank Aktiengesellschaft	Lower Target		$54.00 ➝ $52.00	Low
7/13/2022	Redburn Partners	Upgrade	Sell ➝ Neutral		Low
6/28/2022	The Goldman Sachs Group	Upgrade	Sell ➝ Neutral	$46.00 ➝ $54.00	Low
6/21/2022	UBS Group	Downgrade	Buy ➝ Neutral	$60.00 ➝ $54.00	Low
5/17/2022	Sanford C. Bernstein	Downgrade	Outperform ➝ Market Perform	$59.00	Medium
5/6/2022	Citigroup	Boost Target		$58.00 ➝ $61.00	Low
4/27/2022	Deutsche Bank Aktiengesellschaft	Boost Target		$49.00 ➝ $51.00	Low
2/24/2022	Morgan Stanley	Boost Target	Equal Weight	$49.00 ➝ $51.00	Medium
2/24/2022	Citigroup	Boost Target	Buy	$52.00 ➝ $58.00	High
11/1/2021	Barclays	Lower Target	Equal Weight	$49.00 ➝ $46.00	Low
11/1/2021	Morgan Stanley	Lower Target	Equal Weight	$53.00 ➝ $49.00	Medium
10/29/2021	Credit Suisse Group	Lower Target	Underperform	$43.00 ➝ $41.00	Medium
10/18/2021	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$50.00 ➝ $48.00	High
9/28/2021	Wells Fargo & Company	Lower Target	Equal Weight	$56.00 ➝ $53.00	Medium
9/16/2021	Barclays	Lower Target	Equal Weight	$53.00 ➝ $48.00	Low
7/16/2021	Jefferies Financial Group	Initiated Coverage	Buy	$70.00	High
6/11/2021	Jefferies Financial Group	Reiterated Rating	Buy		Low
5/26/2021	Jefferies Financial Group	Reiterated Rating	Buy		High
5/24/2021	Sanford C. Bernstein	Initiated Coverage	Outperform	$74.00	Low
5/3/2021	Morgan Stanley	Boost Target	Equal Weight	$49.00 ➝ $53.00	High
4/30/2021	Credit Suisse Group	Boost Target	Underperform	$35.00 ➝ $43.00	Low
4/26/2021	Morgan Stanley	Boost Target	Equal Weight	$49.00 ➝ $53.00	N/A
4/19/2021	Morgan Stanley	Boost Target	Equal Weight	$45.00 ➝ $49.00	Low
4/19/2021	Wolfe Research	Initiated Coverage	Peer Perform		N/A
4/12/2021	Wolfe Research	Initiated Coverage	Peer Perform		High
3/31/2021	Citigroup	Boost Target		$52.00 ➝ $61.00	Medium
3/25/2021	JPMorgan Chase & Co.	Reiterated Rating	Neutral ➝ Underweight	$45.00 ➝ $43.00	High
3/19/2021	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight	$45.00 ➝ $43.00	High
2/4/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$43.00 ➝ $49.00	Low
1/21/2021	Cowen	Boost Target		$35.00 ➝ $55.00	Low
1/14/2021	Morgan Stanley	Boost Target	Equal Weight	$41.00 ➝ $45.00	Medium
1/4/2021	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$36.00 ➝ $57.00	N/A
12/7/2020	Wells Fargo & Company	Initiated Coverage	Equal Weight	$51.00	Low
10/14/2020	Morgan Stanley	Lower Target	Equal Weight	$41.00 ➝ $38.00	Low
10/7/2020	Guggenheim	Boost Target	Buy	$58.00 ➝ $62.00	Low
7/19/2020	Barclays	Reiterated Rating	Hold	$40.00	High
7/15/2020	Bryan, Garnier & Co	Upgrade	Sell ➝ Buy	$49.00	Low
7/13/2020	Credit Suisse Group	Initiated Coverage	Sell	$31.00	Low
7/13/2020	Morgan Stanley	Lower Target	Equal Weight	$45.00 ➝ $41.00	Medium
6/8/2020	Morgan Stanley	Boost Target	Equal Weight	$42.00 ➝ $45.00	Low
5/13/2020	Industrial Alliance Securities	Downgrade	Buy ➝ Hold		Low
5/4/2020	UBS Group	Lower Target	Buy	$55.00 ➝ $50.00	Low
5/1/2020	Citigroup	Lower Target	Buy	$52.00 ➝ $48.00	Medium
5/1/2020	Morgan Stanley	Lower Target	Equal Weight	$43.00 ➝ $42.00	High
5/1/2020	Credit Suisse Group	Lower Target	Underperform	$38.00 ➝ $35.00	High
4/30/2020	Consumer Edge	Downgrade	Overweight ➝ Equal Weight		High
4/9/2020	Consumer Edge	Downgrade	Overweight ➝ Equal Weight		High
4/6/2020	MKM Partners	Lower Target	Buy	$63.00 ➝ $59.00	High
4/1/2020	The Goldman Sachs Group	Reiterated Rating	Sell	$35.00	Medium
3/23/2020	Morgan Stanley	Lower Target	Equal Weight	$56.00 ➝ $43.00	High
3/20/2020	Jefferies Financial Group	Upgrade	Underperform ➝ Hold	$40.00	High
3/20/2020	Guggenheim	Upgrade	Neutral ➝ Buy	$58.00 ➝ $49.00	High
3/10/2020	Citigroup	Lower Target	Buy	$65.00 ➝ $52.00	High
2/17/2020	Credit Suisse Group	Reiterated Rating	Sell	$46.00	Medium
2/13/2020	Citigroup	Boost Target	Buy	$60.00 ➝ $65.00	Low
2/7/2020	Evercore ISI	Initiated Coverage	Buy	$60.00	Low
1/21/2020	Morgan Stanley	Boost Target	Equal Weight	$52.00 ➝ $56.00	Low
12/15/2019	Evercore ISI	Reiterated Rating	Buy	$60.00	High
11/26/2019	BMO Capital Markets	Downgrade	Outperform ➝ Market Perform	$62.00 ➝ $55.00	High
11/25/2019	Barclays	Downgrade	Overweight ➝ Equal Weight	$59.00 ➝ $54.00	Low
11/20/2019	Evercore ISI	Initiated Coverage	Buy	$60.00	Low
11/1/2019	Citigroup	Set Target	Buy	$60.00	Low
11/1/2019	MKM Partners	Set Target	Buy	$63.00	N/A
11/1/2019	Berenberg Bank	Reiterated Rating	Hold	$51.00	Low
10/31/2019	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$56.00 ➝ $50.00	Low
10/11/2019	Redburn Partners	Reiterated Rating	Neutral ➝ Sell		Low
9/19/2019	MKM Partners	Initiated Coverage	Buy	$66.00 ➝ $66.00	High
8/1/2019	Bryan, Garnier & Co	Reiterated Rating	Neutral ➝ Sell	$51.00	High
8/1/2019	BMO Capital Markets	Boost Target		$65.00	High
8/1/2019	Guggenheim	Lower Target	Neutral	$63.00 ➝ $52.00	High
7/15/2019	Bank of America	Downgrade	Buy ➝ Underperform		Low
6/10/2019	Credit Suisse Group	Initiated Coverage	Underperform	$50.00	High

(Data available from 4/19/2019 forward)

News Sentiment Rating

0.64 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

24 very positive mentions
9 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

9/22/2023

25 very positive mentions
16 positive mentions
5 negative mentions
0 very negative mentions

Mentions as of

10/22/2023

7 very positive mentions
7 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

11/21/2023

17 very positive mentions
4 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

12/21/2023

17 very positive mentions
4 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

1/20/2024

31 very positive mentions
14 positive mentions
3 negative mentions
1 very negative mentions

Mentions as of

2/19/2024

21 very positive mentions
6 positive mentions
3 negative mentions
0 very negative mentions

Mentions as of

3/20/2024

12 very positive mentions
18 positive mentions
4 negative mentions
0 very negative mentions

Mentions as of

4/19/2024

Current Sentiment

Recent Stories by Sentiment

Very Negative

No very negative mentions tracked during this time.

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, spirits and energy, and ready to drink beverages. It provides its products under Aspall Cider, Blue Moon, Coors Original, Five Trail, Hop Valley brands, Leinenkugel's, Madri, Miller Genuine Draft, Molson Ultra, Sharp's, Staropramen, and Vizzy Hard Seltzer above premier brands; Bergenbier, Borsodi, Carling, Coors Banquet, Coors Light, Jelen, Kamenitza, Miller Lite, Molson Canadian, and Niksicko, Ozujsko under the premium brands; and Branik, Icehouse, Keystone, Miller High Life, Milwaukee's Best, and Steel Reserve under the economy brands. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.

Today's Range

Now: $63.88

$63.48

$64.33

50 Day Range

MA: $64.90

$60.23

$68.19

52 Week Range

Now: $63.88

$55.67

$70.90

Volume

1,507,507 shs

Average Volume

1,454,332 shs

Market Capitalization

$13.78 billion

P/E Ratio

14.65

Dividend Yield

2.77%

Beta

0.84

Frequently Asked Questions

What sell-side analysts currently cover shares of Molson Coors Beverage?: The following Wall Street research analysts have issued research reports on Molson Coors Beverage in the last year: 51job, Inc., 58.com Inc., Bank of America Co., Barclays PLC, Citigroup Inc., Deutsche Bank Aktiengesellschaft, Evercore ISI, HSBC Holdings plc, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Roth Mkm, StockNews.com, The Goldman Sachs Group, Inc., TheStreet, UBS Group AG, Wedbush, and Wells Fargo & Company.
View the latest analyst ratings for TAP.
What is the current price target for Molson Coors Beverage?: 15 Wall Street analysts have set twelve-month price targets for Molson Coors Beverage in the last year. Their average twelve-month price target is $68.73, suggesting a possible upside of 7.6%. Roth Mkm has the highest price target set, predicting TAP will reach $77.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $62.00 for Molson Coors Beverage in the next year.
View the latest price targets for TAP.
What is the current consensus analyst rating for Molson Coors Beverage?: Molson Coors Beverage currently has 1 sell rating, 10 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in TAP, but not buy more shares or sell existing shares.
View the latest ratings for TAP.
What other companies compete with Molson Coors Beverage?: Other companies that are similar to Molson Coors Beverage include Conagra Brands, Campbell Soup, US Foods, Lamb Weston and J. M. Smucker. Learn More about companies similar to Molson Coors Beverage.
How do I contact Molson Coors Beverage's investor relations team?: Molson Coors Beverage's physical mailing address is 1801 CALIFORNIA STREET SUITE 4600, DENVER CO, 80202. The company's listed phone number is (303) 279-6565 and its investor relations email address is [email protected]. The official website for Molson Coors Beverage is www.molsoncoors.com. Learn More about contacing Molson Coors Beverage investor relations.

Molson Coors Beverage - TAP Stock Price Target and Predictions

Analyst Price Target for TAP

Current Consensus is Hold

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.64 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Molson Coors Beverage?

What is the current price target for Molson Coors Beverage?

What is the current consensus analyst rating for Molson Coors Beverage?

What other companies compete with Molson Coors Beverage?

How do I contact Molson Coors Beverage's investor relations team?